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Full coverage· Economy· Updated

No Bids Received for 183 Housing Units Tender in Ma'ale Adumim, Second Failure

A tender for 183 housing units in Ma'ale Adumim failed for the second time due to a lack of bids, with the land valued at NIS 90 million. In other news, plans were approved for the permanent UAE embassy in Herzliya Pituah and for preserving the Beit Romano complex in Tel Aviv while transferring development rights.

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What happened

  1. 01A tender for 183 housing units in Ma'ale Adumim failed for the second time, receiving no bids.
  2. 02Plans for the permanent UAE embassy in Herzliya Pituah, with up to 15 stories, were approved.
  3. 03A plan to preserve Beit Romano in Tel Aviv and transfer development rights was recommended.
  4. 04G-City will install electricity storage systems in ten Israeli properties to reduce costs.
  5. 05Dankner Kanlov secured NIS 46.6 million for four urban renewal projects in central Israel.

G-City will install electricity storage systems in its Israeli properties, and Dankner Kanlov secured NIS 46.6 million for urban renewal projects.

Translated and summarized by baba from Globes, the latest report. Read Globes’s original

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